Delta Stock is About to Take Flight Higher, Patience Required Hosted by MarketBeat StaffOctober 25, 2023 ShareLink copied to clipboard. Play video for Delta Stock is About to Take Flight Higher, Patience RequiredDetailsGuestsDelta Air Lines put the fear of rising oil prices into the market when it cut guidance for Q3. While rising oil prices impacted profitability, the 25% pullback in price action that has taken place since July is overblown. The company’s Q3 results and outlook confirm that Delta is the leading air carrier in the US and is on track to deliver results for shareholders this year and over the long term. Among the takeaways from the report are record-setting revenue, outperformance, and robust cash flow used to pay down debt and dividends for investors. All else aside, the outlook for dividend growth is robust enough to get this market moving.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDALDelta Air Lines4.9153 of 5 stars4.92 / 5 stars$42.37-0.3%1.42%6.10 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | Sponsored7 Dividend Aristocrats to Buy After EarningsDuring earnings season, analysts talk about earnings growth — and for good reason. 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Hosted by MarketBeat StaffOctober 25, 2023 ShareLink copied to clipboard. Play video for Delta Stock is About to Take Flight Higher, Patience RequiredDetailsGuestsDelta Air Lines put the fear of rising oil prices into the market when it cut guidance for Q3. While rising oil prices impacted profitability, the 25% pullback in price action that has taken place since July is overblown. The company’s Q3 results and outlook confirm that Delta is the leading air carrier in the US and is on track to deliver results for shareholders this year and over the long term. Among the takeaways from the report are record-setting revenue, outperformance, and robust cash flow used to pay down debt and dividends for investors. All else aside, the outlook for dividend growth is robust enough to get this market moving.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDALDelta Air Lines4.9153 of 5 stars4.92 / 5 stars$42.37-0.3%1.42%6.10 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | Sponsored7 Dividend Aristocrats to Buy After EarningsDuring earnings season, analysts talk about earnings growth — and for good reason. Nothing drives stock ...MarketBeatThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | Sponsored7 Stocks That Can Help You Cash In on the GLP-1 RevolutionYou know that an idea has become mainstream when you hear people discuss it in casual conversation. That's som...MarketBeatPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | Sponsored7 Low Beta Safe and Sound StocksIf you've been investing for a significant period of time, you've probably heard a stock described as a &ldquo...MarketBeat